BORL: Time to BUY! Message Board

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Technology Stocks : BORL: Time to BUY!

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To: Chris Bommarito who wrote (1184)	12/14/1996 4:00:00 PM
From: Ghassan I. Ghandour	of 10836

Unless the market really tanks, I agree with Paul that you will have to wait very long time to see BORL at 5 again. Most likely, you will regret not having picked it up at 6 which was possible yesterday. Any new sign from Yocam that the company will be profitable next summer and the stock will be back in the 7 to 8 range where it should never have dropped from. The announced loss was largely expected (see my last posts to Michael and to Eric). Only the extent of it may have surprised people. Since the revenue are not going to be much less than 36MM, it is O.K. in my book. People buy companies on future expectation. Next earning release has been rendered past by the announcement. At the same time, this announcement has provided us with the opportuninty to get back what we sold above 8. My present bet is that the stock will be back to the 7 to 8 range in January-February as the January effect unfolds. The stock would have not gone to 5 if it weren't for the end of year tax selling period. A more immediat bet is that, unless the market dips at the open, BORL on Monday will open at 6 to 6 1/8. Ghassan.

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